Micron Technology, Inc. $MU Shares Sold by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH trimmed its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 42.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 97,159 shares of the semiconductor manufacturer’s stock after selling 72,947 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Micron Technology were worth $112,150,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. High Note Wealth LLC grew its stake in Micron Technology by 65.4% during the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 34 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Micron Technology in the 1st quarter valued at approximately $27,000. Bayban acquired a new position in shares of Micron Technology in the 4th quarter valued at approximately $29,000. Joseph Group Capital Management purchased a new position in shares of Micron Technology during the 4th quarter valued at approximately $31,000. Finally, Luken Investment Analytics LLC purchased a new position in shares of Micron Technology during the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. The Goldman Sachs Group lifted their price target on shares of Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Wolfe Research set a $1,500.00 price objective on shares of Micron Technology in a research note on Thursday, June 25th. Bank of America raised their price objective on shares of Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. DA Davidson boosted their target price on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Finally, Royal Bank Of Canada upped their target price on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $1,259.97.

Micron Technology News Summary

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: $10 billion AI research investment: Micron unveiled Micron Research Labs, a Boise-based facility backed by a planned $10 billion investment over the next decade. The lab will focus on memory technology, advanced packaging, computing systems and future semiconductor manufacturing, potentially strengthening Micron’s competitive position in AI memory. Micron Unveils Micron Research Labs
• Positive Sentiment: AI is changing memory demand: CEO Sanjay Mehrotra said AI has “totally changed” the traditionally cyclical memory industry because AI systems cannot function without memory. His comments reinforce the view that demand for high-bandwidth memory, server DRAM and data-center storage could remain structurally strong rather than follow the usual boom-and-bust pattern. Micron CEO on AI and the memory industry
• Positive Sentiment: Industry-wide support: SK hynix’s roughly $28.6 billion share repurchase and cancellation program lifted confidence across memory stocks. Investors interpreted the move as evidence of strong cash generation, tight high-end memory supply and management confidence in AI-related demand, with Micron benefiting in sympathy. SK hynix buyback supports memory stocks
• Neutral Sentiment: Large-scale expansion: Micron’s planned $50 billion Idaho manufacturing buildout is expected to create jobs and expand U.S. memory capacity, but it is also straining local infrastructure. The spending should support long-term growth while increasing execution and capital-allocation demands. Micron’s Boise expansion
• Negative Sentiment: No immediate buyback: Unlike some rivals, Micron is prioritizing investment and may have to wait before returning capital through substantial share repurchases, which could make the stock less attractive to investors seeking near-term shareholder distributions. Why Micron is not joining the memory buyback wave
• Negative Sentiment: Institutional selling and valuation risk: Stanley Druckenmiller’s Duquesne Family Office reportedly exited Micron during the second quarter, while recent commentary has warned that AI-related spending and memory pricing may still be cyclical. Micron’s sharp prior pullback also highlights the stock’s volatility and sensitivity to macroeconomic and semiconductor-sector sentiment.

Insider Buying and Selling at Micron Technology

In related news, CAO Scott R. Allen sold 879 shares of the business’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the transaction, the executive vice president owned 85,737 shares of the company’s stock, valued at approximately $92,933,763.78. The trade was a 31.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 177,179 shares of company stock worth $181,826,211. 0.24% of the stock is owned by company insiders.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $974.33 on Friday. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a fifty-two week low of $114.25 and a fifty-two week high of $1,255.00. The firm has a 50-day simple moving average of $967.32 and a 200 day simple moving average of $694.37. The company has a market cap of $1.10 trillion, a PE ratio of 22.06 and a beta of 2.18.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter last year, the company posted $1.91 earnings per share. Micron Technology’s revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 1.36%.

About Micron Technology

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.